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Articles 1 - 30 of 50
Full-Text Articles in Eastern European Studies
The Pricing Of Green Bonds And The Determinants Of The Green Bond Premium In The Asia-Pacific And European Markets, Parath Wongaree, Chiyachantana N. Chiraphol, Kuan Yong David Ding, Pattarawan Prasarnphanich, Wasin Siwasarit
The Pricing Of Green Bonds And The Determinants Of The Green Bond Premium In The Asia-Pacific And European Markets, Parath Wongaree, Chiyachantana N. Chiraphol, Kuan Yong David Ding, Pattarawan Prasarnphanich, Wasin Siwasarit
Research Collection Lee Kong Chian School Of Business
This study examines the sources of capital for sustainable development and investigates the existence of a green bond premium in both primary and secondary bond markets across the Asia-Pacific and European regions. Utilizing the robust Coarsened Exact Matching (CEM) method in conjunction with the Synthetic Minority Oversampling Technique (SMOTE), our analysis reveals a significant disparity in yields between green bonds and conventional bonds within the Asia-Pacific markets, indicating the existence of a green bond premium. In contrast, this distinction is not observed in Europe. These findings suggest that investors in the Asia-Pacific region display a willingness to accept lower yields …
Green Bond Premiums In The Asia-Pacific And European Markets, Parath Wongaree, Chiyachantana N. Chiraphol, Kuan Yong David Ding, Wasin Siwasarit
Green Bond Premiums In The Asia-Pacific And European Markets, Parath Wongaree, Chiyachantana N. Chiraphol, Kuan Yong David Ding, Wasin Siwasarit
Research Collection Lee Kong Chian School Of Business
We examine green bond premiums in the primary and secondary bond markets in the Asia-Pacific and Europe. In both regions, green bond yields are significantly lower than those of conventional bonds in the primary market, indicating that a green bond premium exists. Asia-Pacific investors in the secondary market are more willing to accept lower yields than European ones. We find that green bonds have a lower risk than conventional bonds. Investment grade issuers, financial sector issuers, and local currency green bonds are associated with lower yields due to their stronger reputation, higher credit ratings, and absence of foreign exchange risk.
Does Ict Result In Dematerialization? The Case Of Europe, 2005-2017, Annika Marie Rieger
Does Ict Result In Dematerialization? The Case Of Europe, 2005-2017, Annika Marie Rieger
Research Collection School of Social Sciences
Current levels of resource use are unsustainable, but there is a debate about the most feasible way to reduce them. One proposed mechanism is technological innovation: specifically, the implementation of information and communication technologies (ICTs) could result in significant reductions in material consumption by substituting virtual for material goods, increasing resource efficiency, and replacing more resource-intensive sectors. Critics of this view argue that dematerialization due to ICTs is unlikely: they consume large amounts of resources and encourage additional consumption. Additionally, increased efficiency resulting from ICT use could lead to rebound effects, reducing their environmentally beneficial impact. This paper uses a …
Incentives For Information Provision: Energy Efficiency In The Spanish Rental Market, Xueying Bian, Natalia Fabra
Incentives For Information Provision: Energy Efficiency In The Spanish Rental Market, Xueying Bian, Natalia Fabra
Research Collection Lee Kong Chian School Of Business
In this paper we build a search model with asymmetric information regarding houses' energy efficiency. The objective is to shed light on the house owners' incentives to disclose energy certificates (ECs) in the rental market. Such incentives depend not only on the rent premium for more efficient houses - as previously documented - but also on the implicit rent penalty for unlabeled houses. Interestingly, we show that such a penalty is higher the greater the disclosure rate of ECs in the local market. This suggests that the enforcement of the EC regulation should be more stringent during the early phases, …
Imagining Money, J.G. Allen
Imagining Money, J.G. Allen
Research Collection Yong Pung How School Of Law
John Clarke presents the theme of this volume by asking why we might speak of “imagined economies”. It is, he answers, “to interrupt the apparent ubiquity of economies”, to provide a moment for “a pause for thought”. In this chapter, I explore the role that imagination plays in the creation and maintenance of a money system. Money is important to the existence and functioning of an economy.1 Money, too, seems ubiquitous and naturally-occurring, so I want to pause and consider why it is that we might have money and what exactly it is doing. Different objects have served as money, …
Commoning Mobility: Towards A New Politics Of Mobility Transitions, Anna Nikolaeva, Peter Adey, Tim Cresswell, Jane Yeonjae Lee, Andre Nóvoa, Cristina Temenos
Commoning Mobility: Towards A New Politics Of Mobility Transitions, Anna Nikolaeva, Peter Adey, Tim Cresswell, Jane Yeonjae Lee, Andre Nóvoa, Cristina Temenos
Research Collection School of Social Sciences
Scholars have argued that transitions to more sustainable and just mobilities require moving beyond technocentrism to rethink the very meaning of mobility in cities, communities, and societies. This paper demonstrates that such rethinking is inherently political. In particular, we focus on recent theorisations of commoning practices that have gained traction in geographic literatures. Drawing on our global comparative research of low‐carbon mobility transitions, we argue that critical mobilities scholars can rethink and expand the understanding of mobility through engagement with commons–enclosure thinking. We present a new concept, “commoning mobility,” a theorisation that both envisions and shapes practices that develop fairer …
Belgium, Brexit And Nationalism, Singapore Management University
Belgium, Brexit And Nationalism, Singapore Management University
Perspectives@SMU
The Belgian system of devolved government could be useful in fending off populist and nationalist appeal
The Lessons We Learned From A Smart Nation: Germany, Thomas Menkhoff, Jonas Schorr
The Lessons We Learned From A Smart Nation: Germany, Thomas Menkhoff, Jonas Schorr
Research Collection Lee Kong Chian School Of Business
A study trip tp Germany by a group of Singapore Management University students offers insights into how this European nation has built its cities sustainably and innovatively.
The Eu As A Global Actor In Reforming The International Investment Regime In Light Of Sustainable Development, Stefanie Schacherer
The Eu As A Global Actor In Reforming The International Investment Regime In Light Of Sustainable Development, Stefanie Schacherer
Research Collection Yong Pung How School Of Law
The international investment law regime is undergoing a process of reform. The guiding paradigm of this reform is the principle of sustainable development. The EU, through its exclusive competence over foreign direct investment, has become a significant actor on the stage of international investment law governance. According to recent statements of the EU institutions, the EU seeks to shape its policy to be consistent with the principle of sustainable development. In more concrete terms this means that EU investment law making shall be consistent with core labour standards, environmental protection and the conservation of natural resources as well as with …
The Contribution Of Eu Funds To Wellbeing And Sustainable Development In Central European Countries, Mirjana Kranjac, Uros Sikimic, Srdan Tomic, Jelena Vapa-Tankosic
The Contribution Of Eu Funds To Wellbeing And Sustainable Development In Central European Countries, Mirjana Kranjac, Uros Sikimic, Srdan Tomic, Jelena Vapa-Tankosic
Research Collection Lee Kong Chian School Of Business
The European strategic goals are good standard of living, social and economic wellbeing and sustainability of the Planet Earth. Some of these requirements are contradictory. Often times, a successful economy exhausts nature well beyond its limits. Europe is achieving its goals by giving funds to many programs, thus enabling the elaboration of projects. The programs' and projects' goals and results must justify the global vision of European Union (EU) future, precisely defined in the document Europa 2020: to achieve a sustainable future. This paper is dealing with effects of the use of EU funds in Central European (CEE) countries. The …
Are European Union Sanctions “Targeted”?, Clara Portela
Are European Union Sanctions “Targeted”?, Clara Portela
Research Collection School of Social Sciences
The emergence of targeted sanctions in the mid-1990s was due to the humanitarian impact of embargoes, which were deemed unacceptable and compelled senders to shift to measures designed to affect only wrongdoers. Twenty years on, the present paper considers the extent to which autonomous sanctions are designed to affect those individuals and elites responsible for the behaviour the EU aims to condemn. How faithful has the EU remained to this concept in its sanctions policy? The enquiry scrutinizes diverse practices in three established sanctions strands of the EU, development aid suspensions, Common Foreign and Security Policy (CFSP) sanctions and Generalised …
Reforming France, Singapore Management University
Reforming France, Singapore Management University
Perspectives@SMU
Much-needed economic reforms could redefine what it means to be French
How The Eu Learned To Love Sanctions, Clara Portela
How The Eu Learned To Love Sanctions, Clara Portela
Research Collection School of Social Sciences
It is only recently that the European public has woken up to the sue of sanctions in EU foreign policy, though they have been employed since the early 1980s. They became more frequent following the 1992 establishment of the Common Foreign and Security Policy (CFSP), the EU's intergovernmental forum for foreign policy coordination.
Piling On: The Rise Of Sanctions Cooperation Between Regional Organizations, The United States, And The Eu, Inken Von Borzyskowski, Clar Portela
Piling On: The Rise Of Sanctions Cooperation Between Regional Organizations, The United States, And The Eu, Inken Von Borzyskowski, Clar Portela
Research Collection School of Social Sciences
Of all the countries identified as rising powers on the world stage, Brazil appears to have drawn considerable economic and political strength from its engagement with various forms of regionalism during the expansionist years when Lula was president. Whether by helping create a local, intra-regional entity (Mercosul) or, later, proposing a continental one (UNASUL), Brasilia appeared to have the capacity to further its own economic and political interests by generating cooperative interactions with its smaller neighbors. Subsequently it took a leading role in inter-regional negotiations between Mercosul and the European Union in the global North and between Mercosul and ASEAN …
One Swallow Does Not Make Spring: A Critical Juncture Perspective On The Eu Sanctions In Response To The Arab Spring, Andreas Boogaerts, Clara Portela, Edith Drieskens
One Swallow Does Not Make Spring: A Critical Juncture Perspective On The Eu Sanctions In Response To The Arab Spring, Andreas Boogaerts, Clara Portela, Edith Drieskens
Research Collection School of Social Sciences
This article examines to what extent the Arab Spring constitutes a critical juncture – a major turning point – for the EU’s sanctions policy towards Egypt, Libya, Syria and Tunisia. Based on a multidimensional critical juncture operationalization, we find that the Arab Spring only constitutes such a turning point for the EU’s sanctions policy towards Syria. Both the level and nature of measures differ substantially from previous years. By contrast, the EU’s sanctions practice towards Libya, Egypt and Tunisia shows more resilience. More generally, changes in the nature of the measures are prominent, whereas changes in the level of the …
Freedom From Fear In The City Of Light, Tan K. B. Eugene
Freedom From Fear In The City Of Light, Tan K. B. Eugene
Research Collection Yong Pung How School Of Law
In a commentary, SMU Associate Professor of Law Eugene Tan pointed out that it is absolutely essential to the fight against terrorism that the operational imperative of order and security be balanced against the critical need to ensure that the values a society holds dear are not compromised or undermined. It would be unfair and profoundly subversive to its social cohesion for France to expect the majority of its Muslims to take responsibility for the acts of a few. He added that what is at stake is the inclusiveness of the French national identity, heritage and values — its figurative …
Luxury And Gender In European Towns, 1700–1914. Deborah Simonton, Marjo Kaartinen, And Anne Montenach (Eds), Fiona Williamson
Luxury And Gender In European Towns, 1700–1914. Deborah Simonton, Marjo Kaartinen, And Anne Montenach (Eds), Fiona Williamson
Research Collection College of Integrative Studies
The concept and consumption of ‘luxury’ was at the heart of many preconceptions about gender, status and identity during the eighteenth and nineteenth centuries. Acting as a determinant of—yet also blurring the boundaries of—social class, luxury was a fundamental component of identity for both men and women. Towns operated as hubs in the luxury goods trade and urban inhabitants were the main producers and consumers of the newest fashions. This collection of essays, stemming from the pan-European Gender in European Towns Network launched in 2006, seeks to explore how luxury connected to, and shaped, urban senses of self and status …
Europe: Ready To Rebound, Singapore Management University
Europe: Ready To Rebound, Singapore Management University
Perspectives@SMU
Increasing trade, investment, and immigrant integration are keys to Europe’s economic vitality
Greece Caught In Death Spiral, Augustine H. H. Tan
Greece Caught In Death Spiral, Augustine H. H. Tan
Research Collection School Of Economics
The country is trapped between twin evils akin to the sea monsters Scylla and Charybdis that threatened Odysseus' voyage.
Greece Caught In Death Spiral, Augustine H. H. Tan
Greece Caught In Death Spiral, Augustine H. H. Tan
Research Collection School Of Economics
The country is trapped between twin evils akin to the sea monsters Scylla and Charybdis that threatened Odysseus' voyage.
Alexander C. T. Geppert, Fleeting Cities: Imperial Expositions In Fin-De-Siècle Europe, Fiona Williamson
Alexander C. T. Geppert, Fleeting Cities: Imperial Expositions In Fin-De-Siècle Europe, Fiona Williamson
Research Collection College of Integrative Studies
The classical exhibitions of fin-de-siècle Europe were a phenomenon unique to that age. Comprising astonishing feats of engineering, major investment and global participation, such exhibitions (or expositions) have been termed ‘laboratories of urban modernity’ (57) and ‘enterprises of national importance’ (202). Geppert’s ambitious and detailed comparative analysis of five protean exhibitions, or ‘cities within the city’ (221), staged in Berlin, London and Paris between 1896 and 1931, draws on the growing literature on space and place, and transnational and entangled networks. Exhibits such as native villages and historic city recreations, he explains, enabled visitors to pursue an imaginary journey through …
Eu Sanctions In Context: Three Types, Thomas Biersteker, Clara Portela
Eu Sanctions In Context: Three Types, Thomas Biersteker, Clara Portela
Research Collection School of Social Sciences
All international sanctions are embedded in larger contexts of overlapping policy instruments and other sanctions regimes. Yet we tend to look at sanctions and evaluate their effectiveness from the vantage point of a single sender of sanctions – whether it is the UN, the EU, or an individual country like the United States – rather than consider the combined and interactive effects of different, co-existing sanctions regimes. EU sanctions tend to be imposed in conjunction with measures by other actors: their interplay deserves closer analysis in terms of sequencing, objectives, complexity and legitimacy. The latter is particularly important, given recent …
The Eu's Evolving Response To Nuclear Proliferation Crises: From Incentives To Sanctions, Clara Portela
The Eu's Evolving Response To Nuclear Proliferation Crises: From Incentives To Sanctions, Clara Portela
Research Collection School of Social Sciences
The European Union (EU) has evolved a role in the management of crises provoked by states perceived to be in breach of the nuclear non-proliferation regime. At the outset of these non-proliferation efforts, the EU was criticized for the timidity of its reactions. More than 11 years after the adoption in 2003 of its Strategy against the Proliferation of Weapons of Mass Destruction, has the EU managed to improve its performance in responding to nuclear proliferation crises? This policy brief examines how the EU has used the tools in its foreign policy toolbox to address nuclear proliferation crises and discovers …
Is There A Future For The Euro?, Augustine H. H. Tan
Is There A Future For The Euro?, Augustine H. H. Tan
Research Collection School Of Economics
A Greek exit could spell the euro zone's disintegration. The Greek referendum last Sunday resoundingly backed its embattled government over its tortuous negotiations with the Troika of the European Central Bank (ECB), the European Union (EU) and the International Monetary Fund (IMF). Greece is now back at the negotiating table, which may ease the terms of loan repayment and lighten the reforms demanded or it may lead to a Grexit.
Member States Resistance To Eu Foreign Policy Sanctions, Clara Portela
Member States Resistance To Eu Foreign Policy Sanctions, Clara Portela
Research Collection School of Social Sciences
European Union (EU) sanctions are agreed in the Common Foreign and Security Policy (CFSP), a framework where the unanimity rule prevails and where individual Member States have a formal veto. Thus, Member State compliance with sanctions can be expected to be optimal: If Member States have serious objections to the imposition of sanctions, they can veto their adoption in the Council.Yet, while implementation is comparatively satisfactory, Member States have availed of opportunities to undermine the application of EU sanctions regimes at various levels. On the basis of the theoretical framework provided by Saurugger and Terpan, the present article explores various …
Europe: Negotiating Changes Through Compromise, Singapore Management University
Europe: Negotiating Changes Through Compromise, Singapore Management University
Perspectives@SMU
Herman Van Rompuy, the outgoing President of the European Council, believes Europe can overcome its current challenges by doing what it does best: negotiate and compromise
Improving The Effectiveness Of Sanctions: A Checklist For The Eu, Anthonius W. De Vries, Clara Portela, Borja Guijarro-Usobiaga
Improving The Effectiveness Of Sanctions: A Checklist For The Eu, Anthonius W. De Vries, Clara Portela, Borja Guijarro-Usobiaga
Research Collection School of Social Sciences
The increasingly frequent imposition of sanctions by the EU over the past decade has notbeen accompanied by a thorough pre-assessment and contingency planning stage, which hasled to the formulation of suboptimal sanctions regimes. This paper argues for establishing apre-assessment and contingency planning of sanctions, departing from the ‘ad hoc-ism’ ofcurrent decision-making on sanctions. To this end, it proposes the development of a‘checklist’ composed of key questions that need to be tackled to optimise the design ofsanctions. These questions include the identification of resources linked to the objectionablepolicies; the leverage of the EU; the costs to the EU; the legality of …
Domestic Institutional Interiors In Early Modern Europe. Edited By Sandra Cavallo And Silvia Evangelisti, Fiona Williamson
Domestic Institutional Interiors In Early Modern Europe. Edited By Sandra Cavallo And Silvia Evangelisti, Fiona Williamson
Research Collection College of Integrative Studies
Domestic Institutional Interiors in Early Modern Europe. Edited by Sandra Cavallo and SilviaEvangelisti. Aldershot: Ashgate. 2009. pp. xiv + 267. £70.00. ISBN 9780754656470. This appealing and attractively presented collection of essays offers far more than thetitle suggests, illustrating how people from all social orders drew their understanding of ‘home’ and ‘family’ from the institution, instead of the traditional household ideal.
Policy Positioning In The European Parliament, Kenneth Benoit, Kenneth Benoit
Policy Positioning In The European Parliament, Kenneth Benoit, Kenneth Benoit
Research Collection School of Social Sciences
Party politics in the European Parliament (EP) consists of competition between transnational party groups, each consisting of multiple national member parties from the 27 member states of the European Union (EU). Identifying the policy space that these parties inhabit and their ideological positions is both practically and conceptually challenging. In this article we characterize this policy competition by tracking EP political groups from three separate, original expert surveys taken in 2004, 2007 and 2010. We look at the relative positioning of the groups on multiple dimensions of policy, as well as changes in party group policy since 2004. Additionally, we …
Peter Clark, European Cities And Towns 400-2000, F. Williamson
Peter Clark, European Cities And Towns 400-2000, F. Williamson
Research Collection College of Integrative Studies
Peter Clark is undoubtedly one of the leading experts on urban history. Playing a major role in some of the most dynamic forums for urban studies, including the British Urban History Group, the Centre for Urban History at Leicester, and the European Association for Urban History, Clark has for many years been a central f igure in raising the profile of urban historiography and in furthering its evolution. His research has brought esteem as well as provoking critical debate; his works are deemed essential reading for any student of the topic. Hence, a new title from Clark is exciting news.